6 bed terraced house for sale

Archibald Road, Exeter EX1

Description

Six-Bedroom Licensed Student HMO - Excellent Investment Opportunity

Set in one of Exeter's most sought-after areas, this spacious six-bedroom licensed student HMO has a proven track record of strong rental income over the past 13 years. Ideally located just a short walk from the University of Exeter's Streatham and St Luke's campuses, as well as the city centre, this property is extremely popular with students, making it an attractive investment.

The accommodation comprises an entrance hall, lounge/diner, kitchen, six double bedrooms, two shower rooms, and an additional WC. Benefits include gas central heating and white UPVC double glazing. To the rear, there is a low-maintenance garden with gated access, along with two large basement storage cupboards.

For the 2025/2026 academic year, the property currently generates £44,352 per annum (£154 per week per room). For the 2026/2027 academic year, rent is set to increase to £175 per room, equating to £50,400 for an 11-month contract-making this an excellent investment with secure income potential.

Council Tax Band: D
Tenure: Freehold

Courtyard Entrance

Porch

From the pretty walled front courtyard the Entrance Porch has, what is believed to be, the original Victorian tiled entrance.
Door into the Entrance Hall.

Entrance Hall

Original door with stained-glass window leads through to the hallway. From the hall there are stairs leading to the first floor; under-stair storage cupboard. Radiator

Bedroom 1

A generously sized room with a radiator. Double-glazed curved bay window to the front aspect.

Bedroom 2

Generously sized room. Floor-to-ceiling double-glazed window. Radiator.

Kitchen

A range of modern fitted matching wall and base units with roll-top work-surfaces. Stainless-steel sink and drainer with mixer-tap over. Space for free-standing electric cooker; space for free-standing fridge/freezer; space for dining table and chairs; radiator; double-glazed window to the side aspect.

Utility

Space and plumbing for washing machine. Space for tumble-dryer. Double-glazed patio door leading into the garden.

Shower Room

Shower cubicle with power-shower; low-level WC; pedestal wash-basin; radiator. Two obscured glass double-glazed windows.

Lower Ground Floor

Living Room

Carpet flooring. Radiator. Two rear aspect single-glazed windows; and a single glazed door leading to the rear garden.

Basement

There are two seperate basement rooms.

First Floor

Utility

A matching range of wall and base units with roll-top work-surfaces. Stainless-steel sink and drainer. Rear double-glazed bay window; Radiator.

Shower Room

The First-floor shower room comprises: Double-shower cubicle; WC; Pedestal wash-basin; obscured double-glazed window.

Cloakroom

Modern low level WC. Wash-hand basin.

Bedroom 3

Double bedroom; radiator; double-glazed window to the rear aspect.

Bedroom 4

A generously sized double-bedroom which is the full width of the property. Front double-glazed window and additional double-glazed bay window. Radiator.

Second Floor:

Landing

Rear double-glazed 'Fire window'.

Bedroom 5

Large double bedroom - full width of the property. Radiator. 2 x double-glazed windows to the front aspect. Access to the loft space via loft-hatch.

Bedroom 6

Double bedroom. Radiator. Double-glazed window to the rear aspect.

Property Information

The property has recently been used as student accommodation and is therefore not currently set out in the typical format.